202 Coy Drive Unit 1, California, San Jose, 95123 - 2 bed, 1 bath
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Analysis of 202 Coy Drive Unit 1, California is currently available with a list price of $499,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the California Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1970, this property is 54 years old. Without any mention of recent renovations or updated images, it's highly probable that the kitchen, bathroom, appliances, and major systems are original or significantly outdated, requiring substantial repairs and rehabilitation. The extended time on the market (over a year) further suggests that the property's condition is a significant factor, aligning with the 'Poor' classification where major components require repair and the property may be uncomfortable to live in its current state.
At $499,000, this townhouse offers a relatively accessible entry point into the highly competitive and desirable San Jose real estate market, appealing to first-time homebuyers or investors.
Situated in San Jose, a major economic and tech hub, the property benefits from strong demand, robust employment opportunities, and potential for long-term appreciation.
As a townhouse, it provides a desirable balance between the privacy of a single-family home and the lower maintenance often associated with condominium living, appealing to a broad buyer demographic.
Built in 1970, the property is over 50 years old, suggesting that major systems (plumbing, electrical, HVAC) and interior finishes may be original or outdated, potentially requiring significant capital investment for updates and renovations.
The property features only one bathroom for two bedrooms, which can be a significant functional limitation and inconvenience for multiple occupants, families, or those entertaining guests.
A monthly association fee of $350 is substantial for an 810 sqft townhouse, adding a significant recurring cost to homeownership and potentially impacting affordability and buyer interest.
Exceptional opportunity in California. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades K-6 • 0.5 mi
Grades K-6 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 25% |
| Baths | 1.0 | 3.0 | 13% |
| Square foot | 810 | 1,156 | 13% |
| Lot Size | 3,200 | 1,194 | 88% |
| Price | $499.0K | $863.2K | 13% |
| Price per sq ft | $616 | $630 | 38% |
| Built year | 1970 | 1988 | 38% |
| HOA | $350.0 | $350 | 50% |
| Days on market | 1135 | 133 | 0% |
Mar 14, 2023
$499,000
Initial Listing